Sewing machine motor

Mubita

Livingstone, Zambia

100% repaid

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How it Works

Entrepreneur

Name

Mubita

Member since

September 2019

On-time repayments

65 installments • 51%

About Me

My name is Mubita Namataa a resident in Dambwa North Extention,Livingstone,Zambia. I have been trying to raise funds to establish a profitable business which can sustain my family.I have been married for 3 years and am self employed.

My Business

Since November 9 2020 we resumed the fish and Sausages business at Dambwa North Market. Our plan is to increase the
revenue by purchasing stock in bulk.The more I buy the cheaper and profitable it is. Am planning to raise capital of k10000 so that I can be stocking my shop just once per month so that I cut on transportation costs.

Loan Proposal

My singer sewing machine motor has been down for several months.Its a three phase motor which we have been powering using single phase power supply by using a modified capacitor.It has been giving me endless problems
that's why I want to change to a single phase to match the power supply I have.

Income Source

We are living a new economic climate due the current pandemic. For more than Six months now many businesses have been adapting to the new normal. My business was negatively affected in the early months of the pandemic but now it has recovered and I have adapted to address current needs of my customers.